Achieve Financial Freedom. Faster.
I believe anyone can be wealthy in America. In my opinion, this is still the greatest land of opportunity. I’ve been fortunate enough in the past 20 years to go from zero to over $10 million in net worth, even when living and working in an expensive city such as New York City. People talk … Read more
The most visited post in my entire website is this one I’ve written close to 1 year ago regarding how much income it takes to live an upper middle class and upper class lifestyle in New York City. Not surprisingly, the answer is it takes a lot to be in the upper middle class and … Read more
Wow, I can’t believe another year has passed. As I’ve gotten older, time moves a lot quicker. 2019 has been a great year financially speaking, especially in the US. The S&P 500 returned 31.5% including dividends. All the major US stock indices reached record highs in 2019 including the Dow Jones, Nasdaq, and the aforementioned … Read more
I grew up financially poor. By all measures, my family struggled to make ends meet when I was young. We lived in a very small home for a family of five. The apartment was less than 400 square feet. Clothes and shoes were only replaced when either we outgrew them or when there was a … Read more
Some goals are easy to achieve while other goals are quite challenging. I’ve experienced successes and failures many times over many things. Fortunately for me, I believe I’ve had more successes on the personal finance front than failures. But are you struggling to achieve your financial goals? If yes, how do you “right the ship” … Read more
I spent the first 3 years of my work life after college living at home with my parents. Fortunate for me, my parents live in New York City, the financial hub of the world. As someone who works in finance, New York City offered me a tremendous amount of opportunities. Therefore, after college, I decided … Read more
I have a lifestyle today for which I am quite happy and, also at the same time, quite appreciative and grateful. I live in the best city in the world – New York City. It is a city full of life, culture and vibrancy. I enjoy all the entertainment and experiences the city has to … Read more
Nowadays, it is hard to go a week in visiting personal finance news magazine websites without seeing a story about the impact of student loan on the borrower. Research has shown that student debt has very negative effects on the US economy and life in general. Those negative effects include: Delaying marriage and delaying the … Read more
I have a passion for personal finance. I like to peruse personal finance blogs and have a keen interest in bettering my personal financial well-being. It is this passion which has led me to start this personal finance blog. I occasionally visit the personal finance section of Reddit. I came across a question posted by … Read more
I know the temptation is there; the temptation to spend all of your first full time paycheck. You’ve lived under your parents’ rules for 18 years. In that time, you might have made some side money but was highly dependent on your parents for financial support. They gave you as much as they want to … Read more